RCCL sees 2017-21 capital expenditure to total $9.0 billion

Royal Caribbean Cruises, Ltd (RCCL), the world’s second largest cruise shipping group, expects to spend a total of $9.0 billion in capital expenditure in the years 2017-21, the company said.

“Based upon current ship orders, projected capital expenditures for full year 2017, 2018, 2019, 2020 and 2021 are $0.6 billion, $2.6 billion, $1.5 billion, $2.0 billion and $2.3 billion, respectively,” RCCL said in a statement.

“Capacity changes for 2017, 2018, 2019, 2020 and 2021 are expected to be -1.9%, 3.1%, 6.8%, 3.9% and 7.9%, respectively. These figures do not include potential ship sales or additions that we may elect to make in the future,” RCCL said.